hi armory,
interesting observation you made on the correlation between DJIA & BHP (red line is DJIA)...
i suspect the DJIA is about to have a serious decline, which would match nicely with a near-term decline in BHP. would suit me too - i also have BHP shorts.
as to how far BHP declines - ie, whether this is just a wave 4 decline, or whether BHP has just finished an ABC and is headed way further down - i think will be revealed by whether BHP goes below $9.21 before it gets back above $10.84...
regards,
ultrafart.
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hi armory,interesting observation you made on the correlation...
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Open | High | Low | Value | Volume |
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24 | 17922 | 39.600 |
3 | 1345 | 39.590 |
4 | 12300 | 39.580 |
6 | 1745 | 39.570 |
Price($) | Vol. | No. |
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39.620 | 16874 | 1 |
39.630 | 20509 | 1 |
39.640 | 21064 | 1 |
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